this will correlate to higher eps growth than the revenue growth numbers. bunch of lemmings reading the rants of an SA author, while Deutsche Bank and Jefferies have buy ratings on the company.
HIMX mgmt is in a tough position. Google releases all info re: its glass. so everything may sound pretty mediocre tomorrow, but the smart money will try to read between the lines.
More banks lining up to lend to TPLM, indicating creditworthiness.
Better rate than previous debt.
It takes further dilution of the stock off the table for the foreseeable future.
More leverage = better earnings per share
i realized it had some valid points and mentioned not to fight the short attack that was commencing. however, now, barring any major sec investigation or findings, the bottom should be in and we're looking at a firm with aggressive accounting, but also a firm with a forward pe of 5. that's too cheap for me to continue to overlook.
i ditched on the dumb money buys after the poor excuse for a rebuttal yesterday a.m. you are all hoping for a miraculous turnaround and its nowhere in sight. i can't even justify buying back at these low levels just because its not something i'll be able to sleep well with. if the SEC investigates, it could get a lot worse.
maybe if he had come out with a more adamant response, the stock would be doing better today. the CEO's net worth is getting killed right now. that was a "going-through-the-motions" response.
Longs don't know what they are up against. Clearly, as somone pointed out, the article and subsequent shorting was a concerted effort. There were about a half million shares traded in a half hour after the article was released. Do they cover for a profit today, or do they continue pounding it? For me, there are other stocks to invest in and i don't want to be part of this mess until it cools down. Then i'll reconsider.
Sold as much as i could at 9.75. Good luck to longs. I knew this was a ticking time bomb, but hoped it would never be exposed. I hoped the surface numbers would prevail. I hoped the auditor issues would never be talked about, although i had no idea of the relationships between the company and the auditors. I did know a long time ago that these auditors only had pink sheet clients outside of ntwk. I may buy back some day.
uhhhh, they just inked a bunch of large deals. that might have something to do with the large receivables number. thats in line with what I would expect.